CONSUMER CONFIDENCE JUMPS
Advertisement
REUTERS/Mike Stone
Advertisement
This was better than the 83.0 expected by economists and the 82.6 preliminary reading.
The outlook index climbed to 74.7 from 70.0 a month ago.
"With nonfarm payrolls generally increasing and initial jobless claims inching downward, the labor market appears to be improving, albeit, slowly, meaning that financial conditions should be improving for consumers," said Bank of America Merrill Lynch economists previewing the report. "Stronger than expected retail and vehicle sales in March suggest that business conditions should also be improving and thereby triggering more hiring."
Advertisement
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- An Ambani disruption in OTT: At just ₹1 per day, you can now enjoy ad-free content on JioCinema
- Sustainable Waste Disposal
- RBI announces auction sale of Govt. securities of ₹32,000 crore
- Catan adds climate change to the latest edition of the world-famous board game
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!